Hyundai Motor India Ltd. (HMIL), the Indian subsidiary of the Korean automotive giant, has announced a significant expansion of its electric vehicle (EV) infrastructure. The company plans to install around 600 DC fast public EV chargers across India over the next seven years, with a primary focus on key highways and major cities. This ambitious … Read more
The Singapore Management University (SMU) has secured a landmark $1 million gift from Aptos Foundation, marking its largest philanthropic investment in higher education and establishing SMU’s first Professorship in Blockchain. This transformative partnership not only advances SMU’s leadership in blockchain education and research but also solidifies Singapore’s position as a global blockchain innovation hub. The endowed professorship, a first for SMU, will drive thought leadership, cutting-edge … Read more
Incuspaze, a leading coworking provider specializing in managed flexible office spaces for corporates, is set to raise $25 million (over ₹210 crore) as part of its ambitious expansion strategy. This funding will support the company’s growth in major Indian cities ahead of its anticipated initial public offering (IPO). Rapid Growth Since Inception Founded in 2016, … Read more
Arihant Foundations & Housing Limited has successfully raised ₹109 crore through a preferential equity allocation. This funding round saw participation from prominent investors, including the Lotus Family Trust led by renowned investor Madhusudan Kela and CaratLane founders Mithun Sacheti and Siddhartha Sacheti. Strategic Expansion Plans The Chennai-based real estate developer plans to utilize the funds … Read more
ParkMate, a leading provider of intelligent parking solutions, has secured $1.2 million in a fresh funding round led by Cactus Partners, an early growth-stage startup fund. The round also saw participation from existing investors, including the Marwah Group Family Office and Venture Catalysts. Strategic Utilization of Funds ParkMate plans to utilize the new capital to: … Read more
Cardless, a leading fintech company specializing in co-branded credit card solutions, has announced a successful $30 million growth investment round. The round was spearheaded by Activant Capital and featured participation from prominent investors like Mischief (co-founded by Plaid’s Zach Perret), Industry Ventures, Thayer Ventures, Assurant, and Amex Ventures. This brings Cardless’ total equity funding to … Read more
Beyond Appliances, an innovative smart kitchen appliance brand, has successfully raised $2 million in seed funding. The round was led by Fireside Venture Investment Fund III with additional support from Dharana Capital and prominent angel investors, including Shezan Bhojani (Design Cafe), Saurabh Jain and Ramakant Sharma (Livspace), and Chandru Kalro, former CEO of TTK Prestige. … Read more
Sealmatic India Ltd (BSE: 543782) has announced a significant investment of ₹25 crores from Aegis Investment Fund PCC Niveza through a preferential allotment. This involves the issuance of 393,000 equity shares at ₹636 per share, including a premium of ₹626 per share. This funding marks a crucial milestone for Sealmatic as it accelerates its global … Read more
Z SUPPLY, a fashion house synonymous with simplicity, comfort, and effortless style, continues its impactful Black Friday/Cyber Monday tradition. For the fourth consecutive year, the company will donate $300,000 from online sales at ZSUPPLY.com to the Z SUPPLY Foundation. This generous contribution brings the Foundation’s total funds raised to an incredible $1.2 million since its … Read more
Zopper, a leading Insurtech platform, has successfully raised $25 million in Series D funding, co-led by Elevation Capital and Dharana Capital. Existing investor Blume Ventures also participated in the round, alongside prominent backers like Creaegis, Bessemer Venture Partners, and ICICI Venture. Driving Innovation in Insurance Distribution The fresh funding will enable Zopper to enhance its … Read more
Shinami, a premier developer platform for Move-based blockchains, including Aptos, Sui, and Movement, has successfully closed a $5.645 million seed funding round. The round was led by Race Capital, with additional investments from 6th Man Ventures, Coinbase, Circle, and Mysten Labs. The Aptos Foundation also contributed an undisclosed amount, further bolstering Shinami’s growth. Building the … Read more
In an exclusive virtual interaction with Shiva Y from Entrepreneur News Network, Priya Thakur, the visionary CEO and Founder of LaRiSa Resort, shared her inspiring entrepreneurial journey. From bridging market gaps in hospitality to redefining luxury experiences, Priya elaborates on her innovative strategies, challenges, sustainability efforts, and advice for aspiring entrepreneurs. Below is the detailed … Read more
PeLocal, a Chennai-based payment solutions provider on WhatsApp, has successfully raised $2 million in seed funding, led by Unicorn India Ventures. This funding will be used to enhance and expand the platform, as well as to accelerate go-to-market strategies for the rollout of large-scale projects. Over the past year, PeLocal has experienced significant growth, increasing … Read more
ThoroughCare, a leader in care coordination solutions, has successfully closed its $5 million Series A funding round, led by Empactful Capital. This investment will support ThoroughCare’s continued focus on product development, strategic account management, and expansion into new markets. The funding marks a major milestone for the company as it continues its mission to simplify … Read more
Siemens, a global leader in industrial automation, is considering significant workforce reductions as it grapples with financial and macroeconomic headwinds. According to reports from Reuters, the company may cut up to 5,000 jobs in its factory automation division, a move prompted by ongoing struggles within the sector. CEO Roland Busch revealed these potential cuts in … Read more
Capital Small Finance Bank (CSFB), India’s first small finance bank, has joined forces with ICICI Lombard, a leading private general insurance company, in a strategic Bancassurance Corporate Agency tie-up. This collaboration marks a significant milestone for CSFB’s growth strategy, aiming to widen its product offerings and provide a more diverse range of general insurance solutions … Read more
